Banking & Financial Services
Posted January 18, 2024 Palmer Square Capital BDC Inc. announced its initial public offering and will begin trading on the New York Stock Exchange. Palmer Square Capital BDC arrived on the New York Stock Exchange on Thursday, under the symbol…
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Posted January 18, 2024 Creighton University released its Rural Mainstreet Index (RMI) report for January, indicating moderate growth in the region but still failing to achieve an above-average rating. The region’s overall reading for January rose to 48.1 from 41.7…
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Posted January 18, 2024 The Federal Reserve Board released its first Beige Book report of 2024, showing the Kansas City region’s consumer spending decreased across several categories and weak loan demand for multiple loan types. The Beige Book is a…
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Posted January 11, 2024 Springfield Mo.-based OMB Bank announced it has converted its Lenexa office into a retail and commercial bank branch. OMB entered the Kansas City market with its Lenexa loan production office in June located at the Lenexa…
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Posted January 11, 2024 The 8th U.S. Circuit Court of Appeals denied UMB Bank’s bid to reinstate a lawsuit filed against the heirs of the Thomas Hart Benton estate, calling UMB’s argument groundless. UMB Bank and the heirs of Thomas…
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Posted January 11, 2024 Overland Park-based True Wealth & Co. LLC will merge with Minnesota-based Intellicents, adding $158 million in assets under management to the Minnesota firm. The owners of True Wealth, CEO Bryan Sarff, CFO Kenny Burkhead and personal…
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Posted January 4, 2024 Overland Park-based Mariner Wealth Advisors announced it has acquired Calif.-based Confluence Financial Planning, adding $360 Million in assets under management, and will be Mariner’s 99th location in the United States. The agreement, which began in October,…
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Q: What do you consider your organization’s most significant achievement or highlight over the past year? A: I would have to list two: continued strong investment performance and client retention. These certainly go hand in hand. We couldn’t be more…
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Posted December 28, 2023 Sunflower Bank announced it has hired a new Kansas City and Eastern Kansas market president to oversee the bank’s growth in the area. Billy Weiland joins Sunflower Bank as the Kansas City/Eastern Kansas regional market president…
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Posted December 21, 2023 Leaders at the American Bankers Association (ABA) are urging President Biden to take action against the large number of regulatory initiatives under consideration by banking regulators. ABA president and CEO Rob Nichols wrote a letter to…
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